Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.55 Billion | USD 25.49 Billion | 10.3% | 2023 |
According to a report from Zion Market Research, the global Organic Wine Market was valued at USD 10.55 Billion in 2023 and is projected to hit USD 25.49 Billion by 2032, with a compound annual growth rate (CAGR) of 10.3% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Organic Wine industry over the next decade.
The report provides a valuation and analysis of the global and regional machine learning markets. The study offers a comprehensive assessment of the industry's competition, limitations, sales estimates, avenues, current and emerging trends, and industry-validated market data. The report offers historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on value (USD billion).
Organic wine is derived from grapes and yielded without synthetic chemical fertilizers. Organic wines consist of yeasts, sugar, food dyes, and many more ingredients that enhance the quality of the wine. They are sustainably produced without adding sulfites. More often, they are biodynamically produced and hence are expensive when compared to conventional wines. Organic wines are proliferating at a rapid pace as it reduces the consumption of chemicals, dyes, and additives that are harmful to health. Different countries have distinct guidelines from the regulating authorities for the manufacturing of organic wine.
The foremost factor that propels the growth of the global organic wine market is the growing awareness about niche products such as natural and organic in the food & beverage industry. In recent years, organic and natural food products have gained extensive popularity among consumers, especially among millennials.
There is a gradual shift in agricultural practices of people from chemical-based agricultural techniques to traditional organic ones. This shift has created a huge demand for organic natural products and thus propels the growth of the global organic wine market. The uprising trend of wine drinking in developed nations is fueling market growth.
Furthermore, the increasing per capita and disposable income in developing nations is boosting the wine-drinking trend and hence projecting the market to grow significantly during the forecast period. Apart from sustainable vineyard practices, organic vines are preferred due to the adoption of manipulative and minimalist approaches in wine-making.
The various factors such as carbon neutral, vegan-friendly, biodynamic, certified organic wines, and many others are expected to positively shape the market trend line during the forecast period. The global organic wine market is likely to grow significantly and make an efficient transition to the mainstream market during the forecast period.
The growing inclination of consumers toward healthy diet foods and a productive lifestyle is also creating the demand for organic wines in the market. Innovation in organic wine packaging is attracting consumers.
The traditional glass packaging is converted into organic recyclable bottles that also extend the shelf-life of the wines besides being eco-friendly. COVID-19 has affected the global organic wine market but with the increasing control over the pandemic situation, the market is expected to boost significantly during the forecast period.
The global organic wine market can be segmented into type, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By type, the product can be segmented into organic still wine and organic sparkling wine. Of these, the organic sparkling wine segment holds the largest share in the global organic wine market owing to the rising trend of premiumization and its growing preference for special occasions & events. The dwindling lifestyle and influence of social media on people have boosted the growth of the global organic wine market.
By distribution channel, the market can be segmented into online, specialty stores, supermarkets, and others.
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The supermarket serves as the largest distribution channel for organic wines due to the growing popularity of supermarkets and hypermarkets in developed countries. Furthermore, the online segment is witnessing significant growth and is anticipated to remain a lucrative segment in the global organic wine market during the forecast period owing to the enormous outbreak of novel coronavirus across the globe.
Report Attributes | Report Details |
---|---|
Report Name | Organic Wine Market |
Market Size in 2023 | USD 10.55 Billion |
Market Forecast in 2032 | USD 25.49 Billion |
Growth Rate | CAGR of 10.3% |
Number of Pages | 110 |
Key Companies Covered | La Cantina Pizzolato, Frey Wine, Emiliana Organic Vineyards, Xinjiang Tianshan WineryCo., Ltd., King Estate Winery, Bronco Wine Company, Kendall-Jackson Winery, Elgin Ridge Wines, Bonterra Vineyards, The Organic Wine Company, Banfi Vintners, Concha y Toro, Harris Organic Wine, Treasury Wine Estates, Union InVivo, Casella Wines Pty. Ltd., The Organic Wine Company, Societa Agricola Querciabella SpA, Grgich Hills Estate, and Avondale, among others |
Segments Covered | By Type, By Distribution Channel, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on regions, the global organic wine market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe holds a substantial share of the global organic wine market due to its vibrant wine culture.
Manufacturers find abundant opportunities to operate in the organic wine market in countries like Italy and Spain because these regions are hotshots for organic wine enthusiasts.
North America is likely to grow significantly during the forecast period owing to the growing consumption of organic wine and the rise in the number of lounges and bars. The changing lifestyle of people and growing social media trend has positively shaped the growth line of the organic wine market in the region.
Some of the key players in the organic wine market are-
By Type
By Distribution Channel
Global Organic Wine Market: Regional Segment Analysis
FrequentlyAsked Questions
Growing awareness about niche products such as natural and organic in the food & beverage industry is driving the market growth. Additionally, the surging trend of wine drinking in the developed nations is fueling market growth.
The global Organic Wine Market was valued at USD 10.55 Billion in 2023 and is projected to hit USD 25.49 Billion by 2032, with a compound annual growth rate (CAGR) of 10.3% during the forecast period 2024-2032.
The European region is expected to make notable contributions in the growth of organic wine market. This surge is attributed to the increasing adoption in Italy and Spain.
Some main participants of the organic wine market are La Cantina Pizzolato, Frey Wine, Emiliana Organic Vineyards, Xinjiang Tianshan WineryCo., Ltd., King Estate Winery, Bronco Wine Company, Kendall-Jackson Winery, Elgin Ridge Wines, Bonterra Vineyards, The Organic Wine Company, Banfi Vintners, Concha y Toro, Harris Organic Wine, Treasury Wine Estates, Union InVivo, Casella Wines Pty. Ltd., The Organic Wine Company, Societa Agricola Querciabella SpA, Grgich Hills Estate, and Avondale, among others.
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